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Business, 25.03.2020 05:50 cicimarie2018

Marbles Company has the following information available regarding its labor: Managers expected to pay $11 per direct labor hour, but ended up paying $10 per labor hour. Each unit produced should take 1 direct labor hour; actual total usage was 990 direct labor hours. Finally, the company planned to produce 1,000 units, but only produced 950. Calculate the labor spending variance.

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